Tata Power’s Net Profit Rises, Oil India’s Revenue Soars- Earnings Wrap


Concord Biotech Q2 FY24 (Consolidated, YoY)

  • Revenue up 65% at Rs 262 crore vs Rs 159 crore.

  • Ebitda at Rs 119.2 crore vs Rs 38.4 crore.

  • Margin up 2,127 bps at 45.42% vs 24.15%.

  • Reported profit at Rs 81 crore vs Rs 22 crore.

Best Agrolife Q2 FY24 (Consolidated, YoY)

  • Revenue at Rs 811.2 crore vs Rs 700.3 crore, up 15.8%.

  • Ebitda at Rs 144.1 crore vs Rs 182.6 crore, down 21%.

  • Margin down 831 bps at 17.76% vs 26.07%.

  • Reported profit at Rs 94.9 crore vs Rs 129.8 crore, down 26.9%.

Lumax Auto Technologies Q2 FY24 (Consolidated, YoY)

  • Revenue up 43.8% at Rs 700 crore vs Rs 487 crore.

  • Ebitda up 74% at Rs 90.2 crore vs Rs 51.8 crore.

  • Margin up 224 bps at 12.87% vs 10.63%.

  • Reported profit up 11% at Rs 37.6 crore vs Rs 33.8 crore.

Welspun Corp. Q2 FY24 (Consolidated, YoY)

  • Revenue at Rs 4,059.5 crore vs Rs 1,963.8 crore.

  • Ebitda at Rs 399.6 crore vs loss of Rs 131.2 crore.

  • Margin at 9.84%.

  • Net profit at Rs 386.6 crore vs loss of Rs 63.2 crore.

EPL Q2 FY24 (Consolidated, YoY)

  • Revenue up 5.6% at Rs 1,002 crore vs Rs 948 crore.

  • Ebitda up 21.8% at Rs 181 crore vs Rs 149 crore.

  • Margin up 239 bps at 18.07% vs 15.67%.

  • Reported profit up 9.5% at Rs 52.1 crore vs Rs 47.6 crore.

Gujarat Alkalies and Chemicals Q2 FY24 (Consolidated, YoY)

  • Revenue down 13.9% at Rs 971 crore vs Rs 1,127 crore.

  • Ebitda down 80% at Rs 45 crore vs Rs 225 crore.

  • Margin down 1,534 bps at 4.63% vs 19.98%.

  • Reported loss at Rs 18.4 crore vs profit of Rs 60.5 crore.

SKF India Q2 FY24 (Consolidated, YoY)

  • Revenue up 4.4% at Rs 1,125.2 crore vs Rs 1,078.3 crore (Bloomberg estimate: Rs 1,206.1 crore).

  • Ebitda down 43.4% at Rs 121.5 crore vs Rs 214.7 crore (Bloomberg estimate: Rs 216.9 crore).

  • Margin down 910 bps at 10.79% vs 19.89% (Bloomberg estimate: 18%).

  • Net profit down 42.3% at Rs 90 crore vs Rs 155.83 crore (Bloomberg estimate: Rs 163.1 crore).

Hindustan Foods Q2 FY24 (Consolidated, YoY)

  • Revenue up 2% at Rs 675.35 crore vs Rs 661.79 crore.

  • Ebitda up 28% at Rs 53.92 crore vs Rs 42.12 crore.

  • Margin up 161 bps at 7.98% vs 6.36%.

  • Net profit up 30% at Rs 24.67 crore vs Rs 18.93 crore.

Somany Ceramics Q2 FY24 (Consolidated, YoY)

  • Revenue up 6% at Rs 655.2 crore vs Rs 617.8 crore (Bloomberg estimate: Rs 646.2 crore).

  • Ebitda up 52% at Rs 64.12 crore vs Rs 42.22 crore (Bloomberg estimate: Rs 57.2 crore).

  • Margin up 295 bps at 9.78% vs 6.83% (Bloomberg estimate: 8.9%).

  • Net profit at Rs 29.5 crore vs Rs 11.7 crore (Bloomberg estimate: Rs 24.7 crore).

Medplus Health Services Q2 FY24 (Consolidated, YoY)

  • Revenue up 25.7% at Rs 1,408.6 crore vs Rs 1,120.6 crore (Bloomberg estimate: Rs 1,404.5 crore).

  • Ebitda up 42.7% at Rs 85 crore vs Rs 59.6 crore (Bloomberg estimate: Rs 52.2 crore).

  • Margin up 71 bps at 6.03% vs 5.32% (Bloomberg estimate: 3.7%).

  • Net profit at Rs 14.5 crore vs Rs 6.47 crore (Bloomberg estimate: Rs 9.2 crore).

Emudhra Q2 FY24 (Consolidated, QoQ)

  • Revenue up 21% at Rs 96.3 crore vs Rs 79.7 crore (Bloomberg estimate: Rs 87.9 crore).

  • Ebitda up 19% at Rs 28.24 crore vs Rs 23.76 crore.

  • Margin down 48 bps at 29.32% vs 29.81%.

  • Net profit up 15% at Rs 18.76 crore vs Rs 16.37 crore.

 Tasty Bite Eatables Q2 FY24 (Consolidated, YoY)

  • Revenue up 2% at Rs 145 crore vs Rs 142 crore.

  • Ebitda down 0.9% at Rs 19.9 crore vs Rs 20 crore.

  • Margin down 41 bps at 13.69% vs 14.11%.

  • Net profit up 19.5% at Rs 11.36 crore vs Rs 9.51 crore.

 Balaji Amines Q2 FY24 (Consolidated, YoY)

  • Revenue down 39.4% at Rs 380.5 crore vs Rs 627.6 crore (Bloomberg estimate: Rs 431.2 crore).

  • Ebitda down 69% at Rs 53.8 crore vs Rs 173.1 crore (Bloomberg estimate: Rs 70.2 crore).

  • Margin down 1,346 bps at 14.12% vs 27.58% (Bloomberg estimate: 16.3%).

  • Net profit down 69.3% at Rs 36.4 crore vs Rs 118.6 crore (Bloomberg estimate: Rs 44.1 crore).

 Pricol Q2 FY24 (Consolidated, YoY)

  • Revenue up 12% at Rs 577.8 crore vs Rs 515.8 crore.

  • Ebitda up 6.4% at Rs 66.4 crore vs Rs 62.5 crore.

  • Margin down 60 bps at 11.49% vs 12.1%.

  • Net profit down 30% at Rs 33.15 crore vs Rs 47.52 crore.

Elgi Equipments Q2 FY24 (Consolidated, YoY)

  • Revenue up 9.1% at Rs 806.1 crore vs Rs 738.7 crore.

  • Ebitda up 26.8% at Rs 142.6 crore vs Rs 112.5 crore.

  • Margin up 246 bps at 17.69% vs 15.22%.

  • Reported profit up 26.8% at Rs 91.3 crore vs Rs 72 crore.

 Bata India Q2 FY24 (Consolidated, YoY)

  • Revenue down 1.3% at Rs 819.11 crore vs Rs 829.75 crore (Bloomberg estimate: Rs 883.8 crore).

  • Ebitda up 28.9% at Rs 181.6 crore vs Rs 140.9 crore (Bloomberg estimate: Rs 191.8 crore).

  • Margin up 519 bps at 22.2% vs 17% (Bloomberg estimate: 21.7%).

  • Net profit down 38% at Rs 34 crore vs Rs 54.6 crore (Bloomberg estimate: Rs 71.73 crore).

Sanofi India Q3 (Consolidated, YoY)

  • Revenue down 67% at Rs 714.6 crore vs Rs 2,157.2 crore (Bloomberg estimate: Rs 761.3 crore)

  • Ebitda down 66% at Rs 208.2 crore vs Rs 616.3 crore (Bloomberg estimate: Rs 190.7 crore)

  • Margin up 56 bps at 29.13% vs 28.56% (Bloomberg estimate: 25.1%)

  • Net profit down 67% at Rs 151.9 crore vs Rs 465.2 crore (Bloomberg estimate: Rs 142.6 crore)

 Ge T&D India Q2 FY24 (Consolidated, YoY)

  • Revenue down 0.4% at Rs 697.8 crore vs Rs 700.6 crore (Bloomberg estimate: Rs 756 crore).

  • Ebitda at Rs 60.6 crore vs Rs 5.3 crore (Bloomberg estimate: Rs 46.3 crore).

  • Margin up 792 bps at 8.68% vs 0.75% (Bloomberg estimate: 6.1%).

  • Net profit at Rs 37.2 crore vs Rs 2.8 crore (Bloomberg estimate: Rs 18.9 crore).

Pidilite Industries Q2 FY24 (Consolidated, YoY)

  • Revenue up 2.2% at Rs 3,076 crore vs Rs 3,011 crore (Bloomberg estimate: Rs 3,192.4 crore).

  • Ebitda up 36% at Rs 679.7 crore vs Rs 499.9 crore (Bloomberg estimate: Rs 696.8 crore).

  • Margin up 549 bps at 22.09% vs 16.59% (Bloomberg estimate: 21.8%).

  • Net profit up 35.8% at Rs 458.6 crore vs Rs 337.8 crore (Bloomberg estimate: Rs 465.4 crore).

United Spirits Q2 FY24 (Consolidated, YoY)

  • Revenue down 18.7% at Rs 2,867 crore vs Rs 2,911 crore.

  • Ebitda up 6.7% at Rs 466.7 crore vs Rs 437.3 crore.

  • Margin up 125 bps at 16.27% vs 15.02%.

  • Net profit down 38% at Rs 339.3 crore vs Rs 547.7 crore

 Nazara Technologies Q2 FY24 (Consolidated, QoQ)

  • Revenue up 16.8% at Rs 297.2 crore vs Rs 254.4 crore (Bloomberg estimate: Rs 1,349.6 crore).

  • EBIT down 35% at Rs 11.56 crore vs Rs 17.78 crore (Bloomberg estimate: Rs 158.2 crore).

  • Margin down 309 bps at 3.88% vs 6.98% (Bloomberg estimate: 11.7%).

  • Net profit up 15.8% at Rs 24.2 crore vs Rs 20.9 crore (Bloomberg estimate: Rs 67 crore).

MTAR Technologies Q2 FY24 (Consolidated, YoY)

  • Revenue up 32% at Rs 166.8 crore vs Rs 126.2 crore (Bloomberg estimate: Rs 175.8 crore).

  • Ebitda up 3.4% at Rs 36.1 crore vs Rs 34.9 crore (Bloomberg estimate: Rs 36.3 crore).

  • Margin down 603 bps at 21.63% vs 27.66% (Bloomberg estimate: 20.7%).

  • Net profit down 17% at Rs 20.5 crore vs Rs 24.7 crore (Bloomberg estimate: Rs 26.5 crore).

Brigade Enterprises Q2 FY24 (Consolidated, YoY)

  • Revenue up 55% at Rs 1,366.6 crore vs Rs 879.2 crore (Bloomberg estimate: Rs 951.3 crore).

  • Ebitda up 50% at Rs 324.8 crore vs Rs 216.5 crore (Bloomberg estimate: Rs 252.6 crore).

  • Margin down 85 bps at 23.76% vs 24.61% (Bloomberg estimate: 26.6%).

  • Net profit at Rs 112.5 crore vs Rs 51.8 crore (Bloomberg estimate: Rs 91 crore).

RHI Magnesita India Q2 FY24 (Consolidated, YoY)

  • Revenue up 64.4% at Rs 986.9 crore vs Rs 600.4 crore.

  • Ebitda up 46.8% at Rs 147.9 crore vs Rs 100.8 crore.

  • Margin down 179 bps at 14.98% vs 16.78%.

  • Net profit down 0.9% at Rs 71.6 crore vs Rs 72.2 crore.

FDC Q2 FY24 (Consolidated, YoY)

  • Revenue up 9.3% at Rs 486.4 crore vs Rs 445 crore.

  • Ebitda up 13.5% at Rs 76.4 crore vs Rs 67.3 crore.

  • Margin up 58 bps at 15.71% vs 15.12%.

  • Net profit up 34.7% at Rs 69.8 crore vs Rs 51.8 crore.

Endurance Technologies Q2 FY24 (Consolidated, YoY)

  • Revenue up 7.8% at Rs 2,545 crore vs Rs 2,360.6 crore (Bloomberg estimate: Rs 2,602.3 crore).

  • Ebitda up 17.2% at Rs 318.3 crore vs Rs 271.6 crore (Bloomberg estimate: Rs 315.3 crore).

  • Margin up 100 bps at 12.5% vs 11.5% (Bloomberg estimate: 13.5%).

  • Net profit up 17.5% at Rs 154.6 crore vs Rs 131.5 crore (Bloomberg estimate: Rs 179 crore).

Reliance Infrastructure Q2 FY24 (Consolidated, YoY)

  • Revenue up 14.6% at Rs 7,136.8 crore vs Rs 6,229.4 crore.

  • Ebitda up 34.8% at Rs 1,033.1 crore vs Rs 766.39 crore.

  • Margin up 217 bps at 14.47% vs 12.3%.

  • Reported loss at Rs 294.1 crore vs loss of Rs 162.2 crore.

Shree Renuka Sugars Q2 FY24 (Consolidated, YoY)

  • Revenue up 16.8% at Rs 2,554.7 crore vs Rs 2,187.6 crore.

  • Ebitda up 39.7% at Rs 63.7 crore vs Rs 45.6 crore.

  • Margin up 40 bps at 2.49% vs 2.08%.

  • Net loss at Rs 205.6 crore vs loss of Rs 141.6 crore.

KIOCL Q2 FY24 (Standalone, YoY)

  • Revenue at Rs 431.2 crore vs Rs 154.5 crore.

  • Ebitda loss of Rs 19.5 crore vs loss of Rs 113.7 crore.

  • Reported loss at Rs 21.4 crore vs loss of Rs 102.2 crore.

Landmark Cars Q2 FY24 (Consolidated, YoY)

  • Revenue down 9.6% at Rs 770.7 crore vs Rs 852.1 crore (Bloomberg estimate: Rs 800 crore).

  • Ebitda down 10.7% at Rs 54.45 crore vs Rs 60.95 crore (Bloomberg estimate: Rs 60 crore).

  • Margin down 8 bps at 7.06% vs 7.15% (Bloomberg estimate: 7.5%).

  • Net profit up 21.6% at Rs 20.5 crore vs Rs 16.86 crore (Bloomberg estimate: Rs 20 crore).

HEG Q2 FY24 (Consolidated, YoY)

  • Revenue up 2.7% at Rs 614.2 crore vs Rs 598.1 crore.

  • Ebitda down 43% at Rs 101.9 crore vs Rs 178.8 crore.

  • Margin down 1330 bps at 16.58% vs 29.89%.

  • Net profit down 43.2% at Rs 95.98 crore vs Rs 168.9 crore.

Power Finance Corp. Q2 FY24 (Consolidated, YoY)

  •  Revenue up 15.8% at Rs 22,403.7 crore vs Rs 19,344.4 crore.

  • Net profit up 26.7% at Rs 6,628.2 crore vs Rs 5,229.3 crore.

 Ashoka Buildcon Q2 FY24 (Consolidated, YoY)

  • Revenue up 19.2% at Rs 2,154.3 crore vs Rs 1,807.7 crore (Bloomberg estimate: Rs 1,793.8 crore).

  • Ebitda up 27.1% at Rs 545.9 crore vs Rs 429.5 crore.

  • Margin up 158 bps at 25.34% vs 23.75%.

  • Net profit up 81.12% at Rs 119 crore vs Rs 65.7 crore.

 Patanjali Foods Q2 FY24 (Standalone, YoY)

  • Revenue down 8.14% at Rs 7,821.9 crore vs Rs 8,514.1 crore.

  • Ebitda at Rs 395.3 crore vs Rs 194.6 crore.

  • Margin at 5.05% vs 2.28%, up 276 bps.

  • Net profit at Rs 254.5 crore vs Rs 112.28 crore.

 The New India Assurance Co. Q2 FY24 (Standalone, YoY)

  • Total income down 4.8% at Rs 9,839 crore vs Rs 10,331 crore.

  • Net loss at Rs 199.9 crore vs profit of Rs 33.5 crore.

Tata Investment Corp Q2 FY24 (Consolidated, YoY)

Gujarat Narmada Valley Fertilizers & Chemicals Q2 FY24 (Consolidated, YoY)

  • Revenue down 19.6% at Rs 2,080 crore vs Rs 2,587 crore.

  • Ebitda down 45.3% at Rs 169 crore vs Rs 309 crore.

  • Margin down 381 bps at 8.1% vs 11.9%.

  • Net profit down 23.5% at Rs 182 crore vs Rs 238 crore.

 The Phoenix Mills Q2 FY24 (Consolidated, YoY)

  •  Revenue up 34.4% at Rs 875 crore vs Rs 651 crore (Bloomberg estimate: Rs 854.2 crore).

  • Ebitda up 32.8% at Rs 506 crore vs Rs 380.9 crore (Bloomberg estimate: Rs 517 crore).

  • Margin down 67 bps at 57.82% vs 58.49% (Bloomberg estimate: 60.5%).

  • Net profit up 37.7% at Rs 305.3 crore vs Rs 221.7 crore (Bloomberg estimate: Rs 236 crore).

 PI Industries Q2 FY24 (Consolidated, YoY)

  • Revenue up 19.6% at Rs 2,117 crore vs Rs 1,770 crore (Bloomberg estimate: Rs 2,138.5 crore).

  • Ebitda up 27.7% at Rs 551.5 crore vs Rs 431.9 crore (Bloomberg estimate: Rs 528.9 crore).

  • Margin up 164 bps at 26.05% vs 24.4% (Bloomberg estimate: 24.7%).

  • Net profit up 43.5% at Rs 480.5 crore vs Rs 334.8 crore (Bloomberg estimate: Rs 419.3 crore).

 MCX Q2 FY24 (Consolidated, YoY)

 Samhi Hotels Q2 FY24 (Consolidated, YoY)

  • Revenue up 26.1% at Rs 220 crore vs Rs 174.5 crore.

  • Ebitda down 4.3% at Rs 50.8 crore vs Rs 53.1 crore.

  • Margin at 23.09% vs 30.42%.

  • Net loss at Rs 88 crore vs loss of Rs 83.7 crore.



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